Oil Down as Rate Hikes Rekindle Recession Fears
Oil’s three-day rally ended as policymakers made clear they would continue tightening economic reins in the fight against inflation, reigniting fears of a global slowdown.
Oil’s three-day rally ended as policymakers made clear they would continue tightening economic reins in the fight against inflation, reigniting fears of a global slowdown.
In its latest fuel update, the U.S. Energy Information Administration showed a declining price trend for gasoline.
Five of the seven U.S. clean hydrogen production hubs have now completed negotiations and locked in DOE funding, a total of $7 billion sourced from the Bipartisan Infrastructure Law.
Claims in cases by eight separate companies, including some oil majors, total as much as $5.9 billion.
The API and IPAA have announced their priorities for the incoming Trump administration.
The agreement, which has a duration of a minimum of five years, focuses on the management, maintenance, and inspection of FHA and SBT systems.